secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN DIGITAL CORP (WDC)
CIK:        0000106040
Form:       8-K
Filed at:   2026-08-26T10:02:21+00:00
Accession:  0001193125-26-365796
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Digital exchanges ~$191M of 3.00% Convertible Notes for cash and stock
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- Exchanged ~$191.0M aggregate principal of 3.00% Convertible Senior Notes due 2028.
- Consideration: ~$192.7M cash (principal + accrued interest) plus common stock for remaining conversion value.
- Conversion value based on volume-weighted average price of WDC common stock on Aug 26, 2026.
- Expected close on or after Sept 2, 2026, subject to customary closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106040/000119312526365796/0001193125-26-365796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106040/000119312526365796/d376254d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-365796

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer